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Noah Smith @Noahpinion
, 3 tweets, 1 min read Read on Twitter
Wolf Ladejinsky, the guy who convinced the U.S. government to support land reform in Japan and Taiwan, and one of the greatest unsung heroes of modern history, WAS A GEORGIST!!

en.wikipedia.org/wiki/Wolf_Lade…
By endorsing a policy of confiscating land from rich landlords (with minimal compensation) and distributing it to poor farmers, Ladejinsky saved much of East Asia from communism.

This story, I think, has some lessons for the modern day.
Hero economist, right here 👇
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One thing I think would help reduce elite Millennial burnout/disappointment/rage is for people to stop thinking that their job should save the world.

"Save the world" and "make the world a better place" are probably just things employers tell you to get you to work for cheap.
Maybe your job will give you meaning and purpose and a sense of doing good for the world.

Or maybe it'll just make you some money so you can raise some kids, have some pet rabbits, and be active in your local community.

There's more than one way to get meaning in life.
Also, people glorify saving the world when it probably just gives you PTSD.

We like watching Star Wars and Lord of the Rings and whatever, but we wouldn't want to actually fight Darth Vader or slog through Mordor. That would cause major burnout!
Read 3 tweets
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1/Since Trump's demand for his Wall is in the headlines, I thought it would be a good time for a thread about a history book I just read:

"Dividing Lines: The Politics of Immigration Control in America", by Daniel Tichenor (2002)

amazon.com/Dividing-Lines…
2/The book starts out with a chapter or two of dense, unnecessary political science jargon, saying that - essentially - U.S. immigration policy tends to move very slowly, because powerful politicians and officials resist the tide of public opinion.
3/But most of the book is an extremely readable, eye-opening history of U.S. immigration policy, from the founding through the 1990s.

It shows how the immigration debates we're now having have been with us, in some form or another, for a very long time.
Read 27 tweets
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Thread about why very high tax rates on very rich people don't raise much revenue (or reduce inequality much, even within the top tier).

Our system has a million loopholes. Closing them is more important than raising top rates.
That's not to say there's a trade-off between raising the top rate and closing loopholes! They are complements, not substitutes.

But if you just raise the top rate without closing loopholes, you'll likely be disappointed.
The fact is, raising effective taxes on the very rich will require a comprehensive sustained push on a large number of policy fronts. There is not going to be one silver bullet.
Read 6 tweets

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30 years after the release of "Morometii' perhaps the greatest Romanian movie of all times, legendary Director Stere Gulea is releasing "Morometii 2", the screen adaptation of Marin Preda's second volume of his autobiographic book
At min. 1:06 of the trailer, the main character Ilie Moromete tells his youngest son Niculae who is a believer in communism:
"What these people want, what this Lenin guy wants...it can't be done. Or, it can be done but the outcome will be bad"

I'm dying to see this movie.
About the book:
en.wikipedia.org/wiki/Morome%C8…
Read 3 tweets
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Now heres a really odd thing Ive never noticed before. Stuart Rose. The chair of the Remain camp in the 2016 referendum. Was one of the founders of eurosceptic Tufton Street outfit Business For Britain en.wikipedia.org/wiki/Business_…
I mean how the fuck did that happen ?
He was batting for both sides .
Read 35 tweets
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Unpopular opinions thread. One like or RT = one opinion.
Okay, ten things so far:
1. Capitalism is bad, and not just in a cop-out "oh, it's run by SJWs" way. It is essentially anarchist, which is to say "Luciferian" as Guenon defined the term.
Read 72 tweets
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🤔“I think that’s an incredible offer,” Trump asserted about an offer from Vladimir Putin to invite Robert Mueller to witness the Russian authorities question the 12 GRU Russians who allegedly hacked into the DNC computers that altered the election.

washingtonpost.com/opinions/globa…
👁️👁️🦷🦷But in return, Putin wanted similar access to Americans “who have something to do with illegal actions on the territory of Russia.”

time.com/5340167/donald…
💰💰Not only that: Vladimir Putin singled out Bill Browder in his tirade in Helsinki on July 16, claiming Browder earned $1.5 billion in Russia and didn’t pay taxes—either in Russia or the U.S.
Read 69 tweets
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1) Q poses some interesting questions to us regarding Snowden and Hong Kong. I found a few interesting connections that you all may be able to expand on. The MAP is quite interesting.

#MAGA #QAnon #Snowden
2) We know that he stayed in The Mira Hong Kong.

“By late afternoon Mr Snowden’s temporary home had been identified by means of an elegant bedside lamp that appeared in footage of an interview he had given and matched those in the Mira.”

telegraph.co.uk/news/worldnews…
3) And he seemed quite welcomed:

“Hong Kong is famous for our freedom of expression and our defense of press freedom,” said Alan Leung, a legislator who heads Hong Kong’s Civic Party. “We should take [Snowden’s arrival] as complimentary.”

washingtonpost.com/world/asia_pac…
Read 51 tweets

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